What Did Commodity Junctures Subscribers See Before Cotton Exploded Higher?
On February 19, 2026, Commodity Junctures analyst Jim Martens walked subscribers through a developing setup in cotton that suggested the decline could be ending.
The key pattern: an ending diagonal — an Elliott wave structure that often appears near major turning points.
Jim explained that cotton’s low was likely already in place and that corrective pullbacks could offer additional opportunities before a larger rally unfolded.
Watch the Webinar Excerpt Below:
What happened next?
An explosive rally unfolded.
At the time of the webinar, Cotton Futures was trading near 63.64. Over the following months, cotton rallied to nearly 90 — a move of roughly +40%.
This is just one example of how Jim helps subscribers identify potentially important turning points, recognize developing Elliott wave structures and define risk clearly as commodity markets unfold in real time.
What is he looking at now?
If you’re interested in just weekly commodity coverage:
Commodity Junctures
Our Commodity Junctures brings you weekly and monthly analyses of 15+ markets, from cocoa and corn to sugar and cattle. Plus, in a live Monthly Review, editor Jim Martens shows you top opportunities on his radar. $99/mo.
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Pro Services
Active market participants need our Commodities Pro Service, which covers Softs, Grains and Livestock intraday, between 8AM and 4PM ET. You also get a Pre-Opening Video, Daily & Weekly Wrap-Up Videos, and a Monthly Live Q&A. Starting at $267/mo.
Want to learn how Elliott wave analysis works?
Explore Trader’s Classroom where Jim Martens (along with 5 other instructors) teaches real-market Elliott wave analysis each week. Learn more >>
Jim Martens
A 35-year market veteran, Jim Martens has taught Elliott waves at dozens of trading seminars around the world and has always enjoyed interacting with subscribers. Jim began his study of R.N. Elliott’s Wave Principle in the mid-1980s, which led to a position with Sabin Commodities at the Commodity Exchange Center in New York. He joined EWI in 1993 and soon became the editor EWI’s Currency Outlook of our Currency & Commodities Forecast. In 2000, Jim accepted an invitation to join Nexus Capital Ltd. as their Chief Technical Analyst. He returned to EWI in 2004 to lead our FX and cryptocurrency teams. Jim now runs our Commodities Pro Service and Commodity Junctures.
” I’m grateful for Jim Martens and Elliott Wave International’s Commodity Pro Service. Martens is a seasoned analyst who explains his rationale with clarity and precision. I value how he outlines the price levels that confirm or invalidate a count and what potential opportunities may unfold. It’s exactly the kind of guidance that helps you act confidently in real time.” – J. T. I.
“Jim, appreciate your excellent analysis and balanced, clear thinking. Also the way you share your opinions freely, with candour, unafraid if you prove to be wrong. Your explanations in webinars are clear. Cheers!” – Russell R.
“Jim Martens’s dedication and deep thinking about the wave principle makes wave counting approachable and digestible. His teaching has been excellent, insightful, practical, and entertaining.” – Kyle O.
“With your teachings in the past year, we had a very profitable trading year!!!! Thank you Sir!!” – Robert B.
